Bayport International Holdings Stock Market Value
| BAYP Stock | USD 0.0001 0.0002 66.67% |
| Symbol | Bayport |
Bayport International 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Bayport International's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Bayport International.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Bayport International on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Bayport International Holdings or generate 0.0% return on investment in Bayport International over 30 days. Bayport International is related to or competes with Hong Kong, Wharf Holdings, Sun Hung, Sino Land, Country Garden, Sun Hung, and Daiwa House. Bayport International Holdings, Inc. engages in the acquisition and mining of oil and gas properties in the United State... More
Bayport International Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Bayport International's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Bayport International Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 66.67 |
Bayport International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bayport International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bayport International's standard deviation. In reality, there are many statistical measures that can use Bayport International historical prices to predict the future Bayport International's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.99) | |||
| Total Risk Alpha | (2.39) | |||
| Treynor Ratio | 4.18 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bayport International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Bayport International Backtested Returns
Bayport International secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Bayport International Holdings exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bayport International's Risk Adjusted Performance of (0.09), mean deviation of 1.99, and Standard Deviation of 8.21 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bayport International are expected to decrease at a much lower rate. During the bear market, Bayport International is likely to outperform the market. At this point, Bayport International has a negative expected return of -1.04%. Please make sure to confirm Bayport International's information ratio, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Bayport International performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Bayport International Holdings has no correlation between past and present. Overlapping area represents the amount of predictability between Bayport International time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bayport International price movement. The serial correlation of 0.0 indicates that just 0.0% of current Bayport International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bayport International lagged returns against current returns
Autocorrelation, which is Bayport International pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Bayport International's pink sheet expected returns. We can calculate the autocorrelation of Bayport International returns to help us make a trade decision. For example, suppose you find that Bayport International has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Bayport International regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Bayport International pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bayport International pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bayport International pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bayport International Lagged Returns
When evaluating Bayport International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bayport International pink sheet have on its future price. Bayport International autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Bayport International autocorrelation shows the relationship between Bayport International pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bayport International Holdings.
Regressed Prices |
| Timeline |
Pair Trading with Bayport International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bayport International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bayport International will appreciate offsetting losses from the drop in the long position's value.Moving against Bayport Pink Sheet
The ability to find closely correlated positions to Bayport International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bayport International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bayport International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bayport International Holdings to buy it.
The correlation of Bayport International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bayport International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bayport International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bayport International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Bayport Pink Sheet Analysis
When running Bayport International's price analysis, check to measure Bayport International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bayport International is operating at the current time. Most of Bayport International's value examination focuses on studying past and present price action to predict the probability of Bayport International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bayport International's price. Additionally, you may evaluate how the addition of Bayport International to your portfolios can decrease your overall portfolio volatility.